Lara Exploration (CVE:LRA) Stock Price Down 3.5% – Here’s Why

Lara Exploration Ltd. (CVE:LRAGet Free Report) was down 3.5% during trading on Tuesday . The company traded as low as C$3.83 and last traded at C$3.88. Approximately 32,370 shares were traded during trading, an increase of 72% from the average daily volume of 18,835 shares. The stock had previously closed at C$4.02.

Lara Exploration Stock Down 1.0%

The firm has a market cap of C$238.07 million, a PE ratio of -64.00 and a beta of -0.68. The firm’s fifty day simple moving average is C$3.99 and its two-hundred day simple moving average is C$3.29.

Lara Exploration Company Profile

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Lara Exploration Ltd., through its subsidiaries, engages in the acquisition, exploration, and development of mineral properties in South America. The company explores for copper, gold, silver, iron, phosphate, titanium, vanadium, tin, lead, and zinc deposits. It holds interest in the Planalto copper project located in the Carajás Mineral Province of northern Brazil. The company also holds interest in the Tocantins gold project in Central Brazil; and the Celesta copper mine and the Fofoca South gold project in Brazil.

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